ICYMI - Morgan Stanley CEO Gorman said Fed rate cuts won't happen in 2023
Morgan Stanley CEO Gorman spoke on Tuesday, in brief:
- it's hard to argue for more rate increases
- rate cuts wont happen this year
- says a recession is less likely
Rate cut this year? Agree, nope, not gonna happen.
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Anyway, more immediately, the Federal Open Market Committee (FOMC) meet next week, a rate hike is expected.
This article was written by Eamonn Sheridan at www.forexlive.com.from Forexlive RSS Breaking News Feed https://ift.tt/N9KepRP
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
